Mishra Dhatu Nigam Ltd - Prospectus Synopsis

Mishra Dhatu Nigam Ltd pdf Icon RHP

Registered Office : P O Kanchanbagh , , Hyderabad - 500058 , Telangana , India.

Phone : 91-40-24184000  Fax : 91-40-24340214/24341250

Email :secretary@midhani.com    Website : https://midhani-india.in/

Public offer of 48,708,400 equity shares of face value of Rs.10 each (Equity Shares) of Mishra Dhatu Nigam Limited (The Company) through an offer for Sale By The President of India acting through the ministry of defence (The Selling Shareholder) for cash at a price* of Rs. 90 Per equity Share (The Offer Price), aggregating to Rs. 435.02 Crores (The offer). The company has reserved a portion of 1,873,400 equity shares for allocation and allotment to eligible employees (The Employee Reservation Portion). The offer less employee reservation portion is referred to as the net offer. The offer and the net offer will constitute 26% and 25% respectively, of the pre and post offer paid-up equity share capital of the company. The Offer Price is Rs. 90 per equity share of face value of Rs.10 each. The Offer price is 9.0 times of face value of equity share. * Retail Discount of Rs.3 per equity share to the offer price was offered to the Retail Individual Bidders and Employee Discount of Rs. 3 per equity share to the offer price was offered to the eligible employees bidding in the Employee Reservation Portion.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
3/21/2018 12:00:00 AM 3/23/2018 12:00:00 AM Rs 90 - 0Rs 0 - 0
Minimum Application for shares in Nos : 150 Further Multiples of : 150
 Rs CrLead Managers to the Issue
Project Cost 22.56 IDBI Capital Markets & Securities Ltd
Project Financed through Current Offer 435.02  
Post Issue Equity Share Capital 22.56  
Issue PriceRs. 90 
Projects
Disinvestment of 48708400 shares by the selling shareholders
Promoted ByListing AtRegistrar to the Issue
The President of India
- Alankit Assignments Ltd